Sasseur Real Estate Investment Trust announced that its wholly owned China subsidiary, Hefei Sasseur Commercial Management Co., Ltd, has entered into a secured onshore facility agreement for an onshore term loan of up to RMB267 million dated Feb, 11 2026.

The five-year facility will be used to refinance part of the existing secured onshore loan maturing in Mar, 2028 at a more competitive cost. Utilisation is subject to conditions set out in the agreement.

Under the terms, mandatory prepayment can be triggered if the borrower ceases to hold 100% of Sasseur (Hefei) Outlet or if sponsor Sasseur Cayman Holding Limited loses effective control of the borrower. In such events, the lender may cancel the facility and demand immediate repayment of the outstanding amount.

The manager stated that none of these conditions has been breached as of the announcement date.